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European Union

Political and economic union
The European Union (EU) is a political and economic union created after World War II to ensure peace and economic cooperation on the European continent. It evolved from the European Economic Community, founded in 1957, and was officially established as the European Union in 1993 with the entry into force of the Maastricht Treaty, guided by the values of democracy, freedom, equality, and the rule of law. The EU is the largest trading bloc in the world, actively works to protect the environment, and plays an important global role in promoting peace and development.
1957
Founding of the European Economic Community, which promoted economic integration
1985
Signing of the Schengen Agreement, which laid the foundation for free movement without border controls
1986
Adoption of the Single European Act, which laid the groundwork for the creation of a single market
1993
Official creation of the European Union by the Maastricht Treaty
1993
Launch of the single internal market, ensuring the free movement of goods, services, capital, and people
2002
Introduction of euro banknotes and coins as a single currency for many member states
2004
Largest enlargement, with ten new member states joining, contributing to peace and stability
2012
Awarded the Nobel Peace Prize for its long-standing work in promoting peace and reconciliation in Europe
2022
Granting Ukraine candidate status for accession, confirming its European perspective
News by theme
Hungary imported Kazakh oil by sea for the first time via Croatia

Kazakh company KazMunayGas delivered 85,000 tons of oil to Hungary for the first time by sea via the Croatian port of Omišalj. The oil is intended for the Danube Refinery in Százhalombatta, which expands Kazakhstan's exports and diversifies Hungary's imports.

Economy • August 4, 04:14 PM • 8911 views
Fast fashion giant Shein fined one million euros for greenwashing - media

Italian regulator fined Shein 1 million euros for misleading claims about environmental safety.

News of the World • August 4, 01:37 PM • 92401 views
EU overtakes US in tourism revenue: which countries earn the mostPhoto

In 2023, the EU received 25. 9% of global international tourism revenue, almost double that of the US with 12.3%. Tourism revenues accounted for 2.5% of the EU's GDP, continuing its recovery after COVID-19.

Economy • August 4, 12:19 PM • 6899 views
Cabinet of Ministers launches a competition for the head of the State Customs Service and approved the customs reform plan

The Cabinet of Ministers of Ukraine announced an open competition for the position of head of the State Customs Service. The government also approved a medium-term plan for customs reform, which is part of the National Revenue Strategy until 2030.

Economy • August 4, 08:59 AM • 4017 views
Russia pressures Moldovan citizens abroad amid upcoming elections in the country - Politico

Russia has focused its efforts on the Moldovan diaspora in Europe, using disinformation and fake media to influence the upcoming elections. This campaign aims to demoralize voters and manipulate their choice in favor of pro-Russian forces.

Politics • August 4, 08:07 AM • 3271 views
Number of asylum applications decreases in Germany

In Germany, the number of asylum applications has significantly decreased, with 70,011 initial applications registered from January to July. This is almost 50% less than in the same period last year.

Politics • August 3, 08:46 PM • 3874 views
From Belgium to China: illegal eel trade brings billions of euros, but police are still conducting raids

An international investigation has revealed that the smuggling of Anguilla anguilla eels is a multi-billion dollar business. Since 2021, almost 4 tons of glass eels have been exported from the EU, and gang members have been arrested.

News of the World • August 3, 04:45 PM • 5044 views
Sanctions applied against captains of Russia's "shadow fleet" - Zelenskyy

President of Ukraine Volodymyr Zelenskyy announced the application of sanctions against 94 captains and five companies of Russia's "shadow fleet. " These individuals and organizations transported Russian oil circumventing the price cap.

Politics • August 3, 02:11 PM • 11904 views
UAE banks close accounts of Russian companies - intelligence

Financial institutions in the UAE are closing accounts of Russian companies to avoid sanctions. About 30% of Russian enterprises have received notifications about restrictions on financial operations or closure of bank accounts.

Economy • August 3, 12:14 PM • 9502 views
India did not instruct refineries to stop buying Russian oil - Media

India has not obliged refineries to stop buying Russian oil, despite criticism from Donald Trump. The purchase of crude oil remains a commercial decision for the refineries.

Economy • August 3, 11:00 AM • 6236 views
Lukashenka prepares MFA purge: diplomats to be replaced by more loyal ones - foreign intelligence

In Belarus, a replacement of some diplomats with more loyal individuals is expected after a meeting of heads of diplomatic missions. This is due to a drop in exports and a negative trade balance, which exceeded $770 million in January-May 2025.

News of the World • August 3, 08:37 AM • 4633 views
Ukraine plans to receive all EU financial aid stipulated for this year - Minister of Economy

Ukraine plans to resume the implementation of the EU reform program to receive the full amount of financial assistance under the Ukraine Facility program. Minister of Economy Oleksiy Sobolev said that changes to the program are being prepared and should be approved by the European Commission by the end of September.

Economy • August 3, 01:02 AM • 6497 views
More transparency and accountability: new rules for artificial intelligence developers came into force in the EU

Since August 2, mandatory requirements for general artificial intelligence systems have been in force in the EU. Companies must publish training data and comply with copyright.

Technologies • August 2, 07:27 PM • 4332 views
Governor of Russia's Voronezh region received suspicion from Ukraine: what is he accused of?

Ukrainian law enforcement officers announced suspicion to the governor of Russia's Voronezh region, Oleksandr Gusev. He is accused of financing actions aimed at changing Ukraine's borders.

War in Ukraine • August 2, 03:58 PM • 8485 views
"If you don't change your attitude towards everything": Budanov commented on Surkov's words about NATO's collapse

The head of the Main Intelligence Directorate, Kyrylo Budanov, suggested that NATO could collapse if the United States does not change its policy towards the Alliance. He considers this option one of the probable ones, if there are no drastic steps.

Politics • August 2, 12:41 PM • 21086 views
New version of Ukraine Plan for Ukraine Facility must be approved by EU by end of September - Minister

The Government of Ukraine has approved amendments to the Ukraine Plan for the Ukraine Facility. The new version must be approved by the EU Council by the end of September, which will allow reporting for the third quarter of 2025 according to the new schedule.

Economy • August 2, 11:37 AM • 165541 views
"US ready to take additional measures": Trump gives Russia and Ukraine 10-day ultimatum for peace deal

US President Donald Trump has offered Russia and Ukraine a way out of the conflict, warning of "measures" if ignored. The countries must sign a peace agreement within 10 days, otherwise the US is ready to act.

Politics • August 2, 03:00 AM • 65376 views
EU calls on UN Security Council to increase pressure on Russia to end war in Ukraine

The European Union called on the UN Security Council to increase pressure on Russia to end the war against Ukraine. An EU diplomat recalled war crimes and condemned the support of the Russian Federation by third countries.

Politics • August 2, 01:57 AM • 4382 views
Poland is preparing new packages of military aid for Ukraine - Sikorski

Poland is actively discussing the 47th military aid package and preparing the 48th and 49th. This will significantly strengthen Ukraine's defense capabilities.

Politics • August 1, 08:30 PM • 4528 views
Ukraine and Japan agree to launch regular mechanism for defense consultations - OP

Head of the Office of the President Andriy Yermak discussed with his Japanese counterpart Masataka Okano Russia's military cooperation with North Korea. The parties agreed on regular information exchange and coordination of positions in the field of defense technologies.

Politics • August 1, 04:15 PM • 3962 views
Svyrydenko instructed Marchenko to form a competition commission for the selection of the head of customs

Yulia Svyrydenko instructed Serhiy Marchenko to submit a decision to the government for consideration on the formation of a competition commission for the selection of the head of the State Customs Service. This is intended to ensure a transparent and professional selection.

Society • August 1, 01:09 PM • 4436 views
The Defence City special regime should be finalized before the second reading, focusing on 5 important aspects - Diia City business association

The Diia City United business association proposes to finalize the Defence City special regime before the second reading. They draw attention to 5 aspects, among which are guarantees for a wide range of companies and data protection for defense companies.

Politics • August 1, 12:29 PM • 3465 views
Exclusive
New Tariffs from Donald Trump: For Which Countries Has the Situation Changed After August 1?

From August 1, the US maintains a 10% universal tariff but introduces a 15% minimum tariff for countries with a trade deficit. Trump fragmented negotiations, successfully reaching agreements with Europe while continuing pressure on China.

Economy • August 1, 12:26 PM • 139315 views
Drug prices have not decreased. What is really happening with the pharmaceutical market

Five months after the ban on marketing agreements between pharmacies and manufacturers, medicines have not become cheaper, except for the “TOP-100”. Manufacturers save money, but prices for patients remain high, and small manufacturers lose competitiveness.

Economy • August 1, 11:54 AM • 154876 views
Growing fatigue? How Czech Republic now treats refugees from Ukraine: social survey data

A survey in the Czech Republic shows growing fatigue with Ukrainian refugees, although most support their stay. 58% believe the country has accepted too many refugees, but 52% support providing asylum.

Society • August 1, 11:33 AM • 4899 views
National Bank predicts slower economic recovery than last yearPhoto

The National Bank of Ukraine forecasts GDP growth of 2. 1% in 2025, which is slower than last year. This is due to increased shelling, infrastructure losses, and negative migration trends.

Society • August 1, 11:12 AM • 3040 views
National Bank gave a forecast when Ukrainian refugees will start returning to UkrainePhoto

The National Bank of Ukraine expects Ukrainian migrants to start gradually returning from 2027, but the speed of this process will depend on security risks. Until 2027, an outflow of migrants is predicted, and from 2027, a net return of about 100,000 people is expected.

Society • August 1, 10:25 AM • 5653 views
KLR Bus terminals change the quality and culture of bus transportation - Khorkavyi

The KLR Bus terminal in Khmelnytskyi has been certified and meets EU and Ukrainian requirements. The company has invested over UAH 40 million and plans to expand to Lviv and Przemyśl.

Economy • August 1, 10:21 AM • 6487 views
Slovenia becomes the first EU country to ban arms trade with Israel

Slovenia has banned the import, export, and transit of weapons to and from Israel, becoming the first EU country to introduce such restrictions. This decision has symbolic significance due to the almost zero volume of arms trade between the countries.

News of the World • August 1, 10:00 AM • 3761 views
National Bank lowered the forecast for most crops: what influenced itPhoto

The National Bank lowered the forecast for grain and leguminous crops to 57. 9 million tons, and oilseeds to 21.0 million tons in 2025. The reasons were unfavorable weather conditions, in particular spring frosts, and the slow expansion of sown areas.

Economy • August 1, 09:21 AM • 5296 views